Akso Health Group, together with its subsidiaries, operates a social e-commerce mobile platform in the People's Republic of China. It operates Xiaobai Maimai App, a social e-commerce mobile platform that offers food and beverage products, wine, cosmetic products, fashion and apparel, entertainment products, housewares, home appliances, and cost-saving promotions at petrol gas stations. It also sells medical devices, such as defibrillators and anesthesia laryngoscopes, as well as health treatment, consultancy support, and marketing promotion services
Technological promotion services and import and export. Founded in 2014 and headquartered in Qingdao, China, Akso Health was formerly known as Xiaobai Maimai Inc. before rebranding in December 2021.
Akso Health Group, formerly known as Xiaobai Maimai Inc., operates a social e-commerce mobile platform in the People's Republic of China. Its main platform is the Xiaobai Maimai App, which offers a wide range of products including food and beverage items, wine, cosmetics, fashion and apparel, entertainment products, housewares, and home appliances. Additionally, the app provides cost-saving promotions at petrol gas stations. Beyond e-commerce, Akso Health also sells medical devices such as defibrillators and anesthesia laryngoscopes, and offers health treatment, consultancy support, marketing promotion services, as well as technological promotion services and import/export services.
Where is Akso Health Group (AHG) listed and in which currency?
Akso Health Group is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol AHG. Its shares trade in U.S. dollars (USD), which is the standard currency for stocks listed on U.S. exchanges. The company's listing on NasdaqCM provides it with access to a broad base of international investors and reflects its presence in the global capital markets.
What sector and industry does Akso Health Group (AHG) belong to?
Akso Health Group operates in the Healthcare sector, specifically within the Medical Distribution industry. This classification reflects the company's involvement in distributing medical devices and providing health-related services. However, it is important to note that Akso Health also has a significant presence in e-commerce through its social mobile platform, which sells a variety of consumer goods. The combination of medical distribution and social e-commerce makes its business model unique within the healthcare sector.
Where is Akso Health Group (AHG) headquartered and what markets does it serve?
Akso Health Group is headquartered in Qingdao, China, and primarily serves the People's Republic of China market. The company was founded in 2014 and rebranded from Xiaobai Maimai Inc. to Akso Health Group in December 2021. Its operations are focused on the Chinese domestic market, where it runs its social e-commerce platform and distributes medical devices. The company's activities include import and export services, indicating some international trade involvement, but its core customer base and operations remain in China.
How does Akso Health Group (AHG) make money?
Akso Health Group generates revenue through multiple streams. Its primary source is its social e-commerce mobile platform, the Xiaobai Maimai App, where it sells a diverse range of products including food and beverages, wine, cosmetics, fashion, apparel, entertainment items, housewares, and home appliances. The app also offers cost-saving promotions at petrol gas stations, which likely drives user engagement and transaction volume. Additionally, the company sells medical devices such as defibrillators and anesthesia laryngoscopes, and provides health treatment, consultancy support, and marketing promotion services. It also earns from technological promotion services and import/export activities. This diversified business model combines consumer e-commerce with healthcare distribution and services.